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Innovation Works

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Innovation Works plays a vital role in Southwestern PA’s technology economy. We invest capital, business expertise and other resources into high-potential companies with the greatest likelihood for regional economic impact. We’ve invested over $48M in roughly 140 technology startups. Those companies have been a magnet for creating thousands of new jobs and attracting follow-on capital to the region—over $1 billion since our seed fund began in 1999.
TypeInvestor
HQPittsburgh, PA, US
Founded1999
Websiteinnovationworks.org
Cybersecurity ratingBMore
Innovation Works was founded in 1999 and is headquartered in Pittsburgh, PA, US

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Key People/Management at Innovation Works

Kelley Benson

Kelley Benson

Director of Human Resources and Inclusion
Gary Glausser

Gary Glausser

Chief Investment Officer
Jim Jen

Jim Jen

Chief Operating Officer & Managing Director of Software and AlphaLab
Rich Lunak

Rich Lunak

President and CEO
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Innovation Works Office Locations

Innovation Works has an office in Pittsburgh
Pittsburgh, PA, US (HQ)
Two Allegheny Center, Suite 100
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Innovation Works Online and Social Media Presence

Innovation Works's Trends

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Innovation Works Blogs

April 05, 2021

Meet AlphaLab Health’s Inaugural Cohort

We are pleased to introduce the first cohort of companies participating in the AlphaLab Health (ALH) accelerator. This is an extremely strong group of entrepreneurs with a range of software, device, and therapeutic companies that are well-positioned to benefit from the unique value provided by the c…
April 05, 2021

Announcing the Seven Early-Stage Health Companies Selected for the Inaugural AlphaLab Health…

Original Photo: Steve Mellon for the Post-GazetteAnnouncing the Seven Early-Stage Health Companies Selected for the Inaugural AlphaLab Health Accelerator CohortWe at Innovation Works and our partners at Allegheny Health Network are thrilled to announce the first seven companies selected for the inau…
March 23, 2021

IW’s commitment to building a Diverse, Equitable, & Inclusive startup community

A few months ago IW engaged a third-party market research firm to help Innovation Works anonymously collect demographic data on our portfolio company founders and CEOs. We believe that by asking our company founders to share how they identify, IW can gain valuable insight into who we are supporting …
February 24, 2021

AlphaLab & AlphaLab Gear Applications Are Open and More Flexible Than Ever Before

We at AlphaLab and AlphaLab Gear believe that we should always give companies what they need, when they need it. So we’re making some enhancements to AlphaLab and AlphaLab Gear to make them more flexible and more accessible while continuing to provide the value these programs are known for: investme…
February 17, 2021

A message to our community in response to the COVID-19 pandemic

Community,In light of the COVID-19 pandemic and based on government recommendations to enact policies for social distancing, Innovation Works is taking the following steps. IW employees will be working from home until further notice. Our IW main office at Nova Place on the Northside and our East Lib…
February 16, 2021

Welcome, Megan!

Megan Shaw, IW’s newest Portfolio Executive.We’re excited to welcome Megan Shaw to Innovation Works as a Portfolio Executive on our Life Sciences team! Megan brings a diverse set of experiences that will be valuable for helping life science companies in the region, including through our AlphaLab Hea…
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 Innovation Works Frequently Asked Questions

  • When was Innovation Works founded?

    Innovation Works was founded in 1999.

  • Who are Innovation Works key executives?

    Innovation Works's key executives are Kelley Benson, Gary Glausser and Jim Jen.

  • Where is Innovation Works headquarters?

    Innovation Works headquarters is located at Two Allegheny Center, Suite 100, Pittsburgh.

  • Where are Innovation Works offices?

    Innovation Works has an office in Pittsburgh.

  • How many offices does Innovation Works have?

    Innovation Works has 1 office.